Friday, 25 March 2016

What is Management?

Management is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively.

Management comprises planning, organizing, staffing, leading or directing and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal.

Every business requires a management to organize/structure it. We try to make group efforts which produce results towards a purpose. Thus, organized efforts are needed for a human activity.

Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources and natural resources.

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